Answer to Question #126122 in Accounting for Monyaichi

Question

An investor would like to invest in orange juice production and he would like to know how
much it will cost to produce a box of orange juice. He has shared a YOUTUBE clip of
another orange juice production company to help with this activity.
https://www.youtube.com/watch?v=T8KJGtMGMSY
REQUIRED:
From the clip and do the following: -
a. Define and identify the cost object
b. Identify and discuss all cost elements of orange juice production
c. From (b) above, classify all elements of cost into direct and indirect cost and justify
your answer. For example, Testers testing the quality of orange juice are direct
labours because they are directly involved in the ensuring the quality of orange juice.
d. Which product-costing system best describe orange juice production, justify your
answer.

Answer 1

Dear Monyaichi, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order